Vancouver-based Vengold (VEN-T) granted three officers and five directors a total of 2.95 million options in July. The sweetener came just weeks before the company nabbed a further 6.5% interest in th…
102.26 (Sept 30/98 = 100)For an explanation of these new indices, see The Northern Miner’s Mining Indices…
Gold Funds as of October 1, 1998BGRCentralNet Value$14.026.27Price$12.00$…
Rayrock Resources (RAY-T) has acquired the remaining 65% stake in the Daisy gold mine owned by sister company Inter-Rock Gold (IRO-T).The property was purchased for a total of about US$1 million cash …
Wednesday October 7, 1998Price (US)Week’s ChangeGold*$298.85+$4.75Silver*$ 5.13…
Junior Freewest Resources (FWR-T) is carrying out a trenching program at its Golden Ridge property on the border of New Brunswick and Maine.Golden Ridge covers 91 sq. km of contiguous claims, of which…
Singapore-based First Dynasty Mines (FDM-T) has severed its ties to Indonesia by selling an 80% interest in the Sembakung oilfields project to Equatorial Energy.Equatorial acquires US$15.5 million of …
Kennecott Canada Exploration has encountered a rock unit that it believes may be kimberlite while drill-testing the Phoenix geophysical target at the Legend property in northeastern Alberta.An ultrama…
To finance ongoing exploration in southwestern Brazil, Diagem International Resource (DGM-V) has raised $200,000 in a private placement.The company sold 1.1 million units at 18 cents each. A unit cons…
Atapa Minerals (AML-M) has signed a deal with privately held DCM Gold to acquire the Doherty Cooper gold property near Kirkland Lake, Ont.Atapa can acquire a full interest in the eight claims that mak…
Newmont Gold (NGC-N) will join Southwestern Gold (SWG-T) in the search for gold deposits in southern Peru.Newmont can earn a half-interest in Southwestern’s Puno project by spending US$1.5 million ove…
After a hiatus of more than a year, Orvana Minerals (ORV-T) is preparing to resume drilling at the Pederson project in the central Altiplano region of western Bolivia.Reflecting a renewed interest in …
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